Joshua Einhorn Acquires Mixed-Use Property In Hell's Kitchen For $3.8M

A mixed-use property located at 354 West 44th Street in Hell's Kitchen has been sold for $3,800,000. The property, situated within the Special Clinton District, consists of 10,500 square feet of buildable space (BSF) with a price per buildable square foot (PPBSF) of $361. The total square footage (SF) is 8,000, with a price per square foot (PPSF) of $475. The property includes 6 units, comprising 5 residential units and 1 bar/restaurant. The buyer, Joshua Einhorn, acquired the property, which includes a carriage house in the rear, delivered vacant.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,800,000
• Address: 354 West 44th Street, Hell's Kitchen
• Market: Hell's Kitchen
• Zoning: C6-2
• BSF: 10,500
• PPBSF: $361
• SF: 8,000
• PPSF: $475
• Units: 6 (5 Residential, 1 Bar/Restaurant)
• Purchase Price per Unit (PPU): $641,666
• Tax Class: 2A
• Buyer: Joshua Einhorn
• Brokers: John Ciraulo and Craig Waggner from Team Ciraulo Waggner, Andrew Berry, and Charlie Gravina from Cushman & Wakefield

The deal was facilitated by John Ciraulo and Craig Waggner from Team Ciraulo Waggner, along with Andrew Berry and Charlie Gravina from Cushman & Wakefield.